legal process outsourcing (LPO)
The turnover of legal process outsourcing (LPO) company UnitedLex was $42.8m in 2011, up from $28.2m (Rs 238 crore) the previous year, reported US-based Inc Magazine in its listing of the 500 fastest-growing privately held US companies.
The ruling in the Chennai writ petition was hailed as pragmatic for solving the nearly two-year-old deadlock foreign firms were in. But frankly it is likely to continue exposing the deficiencies of the 1961 Advocates Act in dealing with modern-day India. And it could possibly plunge a number of industries into a world of pain via the Bar Council of India (BCI).
LI-Mint Exclusive: Legal process outsourcing (LPO) and intellectual property (IP) management firm CPA Global Ltd, which is being fully acquired by UK-based Cinven Partners Llp for an estimated $1.45 billion (Rs 7,135 crore), has internally restructured the LPO business unit that failed to hit growth targets in India and saw headcount reductions and senior executives’ departure.
Legal process outsourcing (LPO) company CPA Global, which specialises in patents work, has been acquired by private equity major Cinven, according to a press release by the fund.
MV Kini managing partner Ravi Kini has started up a legal process outsourcing (LPO) firm in Mumbai in a joint venture with seasoned LPO NewGalexy to focus exclusively on foreign infrastructure projects work, while the law firm will transfer a number of its lawyers to staff the new entity.
Mumbai-headquartered Pangea3 has opened its first US-based service delivery office in Dallas, Texas, plans first reported by Legally India at the time of the legal process outsourcing (LPO) company’s acquisition by Thomson Reuters last year.
CPA Global CFO and head of management services Anand Sharma has vowed that the legal process outsourcing (LPO) company would look for inorganic vertical acquisitions of smaller pure-play LPO companies in 2011.
Legal process outsourcing (LPO) and traditional outsourcing company CPA Global has appointed London law firm SJ Berwin’s retired senior partner as its new chairman.
At least two bombshells dropped both sides of this week.
Pangea3’s full acquisition by Thomson Reuters could trigger others to follow suit, predicted the legal process outsourcing (LPO) provider’s co-founder and CEO Sanjay Kamlani in an exclusive Legally India interview, as hundreds of employees will receive a windfall from the sale that will see Pangea3 explore synergies with its new parent and expand with onshore operations in the US.
Exclusive: Mysore-based legal process outsourcing (LPO) provider SDD Global Solutions has won the mandate to assist on a claim and provide US law litigation support to the non-profit Fight The Power (FTP) Foundation, which represents music artists who claim they have been cheated out of their royalties by big record companies.
Starting up a legal process outsourcing (LPO) business may be a perceived goldmine and en vogue these days but it takes more than just office, staff and website and most start-up LPOs are wasting their time, warns SDD Global Solutions' Sanjay Bhatia.
Clifford Chance has again hired a legal "consultant" from its Gurgaon-based captive legal process outsourcing (LPO) centre OSC Export Services as a lawyer into the main firm.
Kochhar & Co's former technology and media law partner Rodney Ryder who started up IP and IT boutique practice Scriboard in April has entered into a strategic alliance with legal process outsourcing (LPO) company Overlegen.
Wipro Technologies is the third legal process outsourcing (LPO) company in almost as many months to announce that it is providing LPO services to software giant Microsoft. But like the others it has been providing LPO services to Microsoft for years. The real story here is how good the Redmont company has been getting at outsourcing legal work.
Legal Process Outsourcing (LPO) company Pangea3 has hired 18 students through campus placements this year with a majority 12 coming from non-national law schools, as the company has moved into larger Delhi office and plans to grow the location with significant investment.
Legal process outsourcing (LPO) companies have come under the spotlight after the the recent Balaji Chennai High Court writ petition and the Bombay High Court's decision in the Lawyers Collective v. Ashurst case. The cases have created significant uncertainty, argues SDD Global's Sanjay Bhatia, although for the most part it has been a false alarm for LPOs.